TVS Motor Company picks Peyman Kargar as next CEO
SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826
French automotive executive Peyman Kargar is set to be the new CEO of India’s third-largest two-wheeler maker, TVS Motor Company in just about 17 months of joining the company as the President of its International division.
TVS Motor Company has announced the appointment of Kargar as Director and Chief Executive Officer, effective January 27, 2027. He will succeed current CEO K N Radhakrishnan, who will continue in his role until Jan 2027 and then become a Non-Executive Director up to the date of the ensuing AGM in July 2027. Radhakrishnan took charge as CEO and president back in 2008.
With over three decades of experience across global car companies spanning Europe, Asia, Africa, and the Middle East, Kargar will help TVS in its key focus areas of premiumisation, global expansion, and product innovation.
His reputation as a turnaround specialist, along with a global footprint cutting across product development, R&D, manufacturing,and sales functions, makes Kargar a valuable addition to TVS Motor in its next phase of growth. Stock on radar